Until elections economy cannot be restored, Allama Raja Nasir Abbas

Shiite News: Chairman Majlis Wahdat Muslimeen Pakistan Allama Raja Nasir Abbas Jafari has said in his statement released from the media cell regarding the current financial year’s budget that economic recovery is not possible until elections are held, political stability is economic stability.

Economists have rejected the budget based on fraud, no relief for poor people in the budget, increase in taxes on basic necessities will bring a storm of inflation.

Not giving the subsidy on flour, sugar, ghee, milk and other common food items is a gross abuse of the daily wage earners. The increase in electricity and gas prices will suck the blood of the people.

He has said that by giving lollipops in one sector, increasing taxes in many sectors has pushed the country into more problems.

This will lead to an increase in the prices of every commodity, the ruling party has taken a very unwise decision to close the markets at eight o’clock in the night instead of reducing their royal expenditure.

No concrete steps have been taken to overcome the decline in key productive sectors such as manufacturing, trade, agriculture and industry.